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24/7 Wall St.: States with the Highest (and Lowest) Taxes

States with the Highest Taxes

4. California

Taxes paid by residents as pct. of income: 11.2%
Total state and local taxes collected: $172.63 billion (the highest)
Pct. of total taxes paid by residents: 84.5% (the highest)
Pct. of total taxes paid by non-residents: 15.5% (the lowest)

In 2010, the state collected individual income taxes amounting to $1,229 a person, the fifth-highest in the country. There were seven different tax brackets in California, with income over $1 million for both individuals and couples taxed at 10.3%, higher than all top tax rates with the exception of Hawaii’s. Currently, the state levies a 7.25% general sales or use tax — the highest in the country. Those who refuel in California had to pay 36 cents per gallon in excise taxes and fees — the third-highest amount in the country.

(iStock)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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